Mediq

Mediq
Naamloze vennootschap
Industry Healthcare
Founded 1899
Headquarters Hertogswetering 159, 3543 AS
Utrecht, Netherlands
Area served
Netherlands, Poland, Germany, Denmark, Belgium, Sweden, Norway, France, Finland, Hungary, Switzerland, Estonia, Latvia, Lithuania, United States
Key people
Marc van Gelder (CEO)
Products Medicine, medical supplies, apothecaries, home delivery
Revenue Steady 2.61 billion (2012)[1]
Decrease 65.9 million (2012)[1]
Profit Decrease 37.1 million (2012)[1]
Number of employees
Steady 8286 (2013)[1]
Website www.mediq.com

Mediq is a Dutch health care company, which provides pharmaceuticals and medical supplies, by operating apothecaries and by delivering to medical centres and patients. The company is active in 15 countries and in 2012 had a revenue of 2.61 billion. Since 2013 it is owned by Advent International.

History

Founded in 1899 as "Onderlinge Pharmaceutische Groothandel" (English: Common Pharmaceutical Wholesale), it was a cooperative association of apothecaries who did not want medicine to be supplied by unauthorised people, and who started creating their own pharmaceuticals on a small scale. Over time activities increased and in 1988 it was renamed as "Coöperatieve Apothekers Vereniging OPG U.A." (English: Cooperative Apothecaries Association OPG U.A.) - wholesale was removed from the name, however it remained in the abbreviation OPG.

In 1992 the company was listed on the Amsterdam Stock Exchange and this was followed on 10 January 2001 when the association became a joint-stock company (naamloze vennootschap) under the name "OPG Groep NV" (English: OPG Group NV). In 2009 the name was finally changed to Mediq NV, the current official name.

In a 2011 tactical analyses by Mediq it was concluded that leaving the stock exchange and becoming a privately owned company, was the best longterm strategy.[2] Advent International expressed interest in purchasing the company in 2012. On 13 February 2013 they bought the stocks and on 13 March 2013 Mediq left the stockmarket.[3]

Activities

Mediq provides pharmaceuticals and medical supplies. It has its own chain of apothecaries, supplies other medical centres, and supplies to patients directly at home. They are the market leader in the Netherlands with 226 of their own pharmacies, about 25 franchises, and supplies another 160 pharmacies.[4] The company is active in the Netherlands, Poland, Germany, Denmark, Belgium, Sweden, Norway, France, Finland, Hungary, Switzerland, Estonia, Latvia, Lithuania and the United States.[5] Their headquarter is located in Utrecht, Netherlands.

References

  1. 1 2 3 4 "Yearly figures". Mediq. Retrieved 27 August 2014.
  2. "Advent wil Mediq overnemen" (in Dutch). de Volkskrant. Retrieved 27 August 2014.
  3. "Advent verhoogt bod op Mediq" (in Dutch). De Telegraaf. Retrieved 27 August 2014.
  4. "Apothecaries". Mediq. Retrieved 27 August 2014.
  5. "Mediq Increases Its Homecare Market Share in the US with the Acquisition of Diabetes Specialty Center Through Its Byram". Bloomberg News. Retrieved 27 August 2014.
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